XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 24.91

-1.7%

Dec 18 3:59 PM EST

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To: Vector1 who wrote (4161)	10/18/1997 5:44:00 PM
From: Robert K.	of 17367

Vector1. Dont have a montana cabin, but am sitting on mostly cash. Matter of fact, I have intentionally tied up a portion of it so I wont be tempted on the way down. Xoma is the exception. I wont argue the point, but many nasdaq stocks have little real value. Dow pe is out of majorly out of line. 1974 bear pe was 4.8 near the bottom. I was there. It was UGLY. I have seen the bear,few others have. Only low interest rates are holding things together IMO.

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